Kohl's scraps sale talks with Franchise Group, shares plunge
(Reuters) -Department store chain Kohl's Corp on Friday called off its sale to Vitamin Shoppe-owner Franchise Group, blaming a downturn in market conditions.
(Reuters) -Department store chain Kohl's Corp on Friday called off its sale to Vitamin Shoppe-owner Franchise Group, blaming a downturn in market conditions.
(Reuters) -Department store chain Kohl's Corp has called off talks to sell itself to Vitamin Shoppe owner Franchise Group, CNBC reported late on Thursday, citing two people familiar with the matter.
TOKYO (Reuters) -Core consumer prices in Japan's capital Tokyo rose 2.1% in June from a year earlier, data showed on Friday, marking the fastest pace of increase in seven years in a sign of broadening inflationary pressure from higher commodity and fuel costs.
The report, however, did not elaborate on the reason behind ending the discussions.
NEW YORK (Reuters) -The prominent U.S. hedge fund DE Shaw and four senior executives must pay $52.1 million to a former top money manager who accused the firm of defamation, an arbitration panel ruled.
SEOUL (Reuters) -South Korea's June exports grew at their slowest pace in over 1-1/2 years as soaring inflation saps offshore demand for Korean goods, widening the trade gap and fuelling concerns about a global recession.
The prominent U.S. hedge fund DE Shaw and four senior executives must pay $52.1 million to a former top money manager who accused the firm of defamation, an arbitration panel ruled.